SouthTrust Bank, N.A. understands the importance of Cash Management Services to its business customers to efficiently manage their banking relationship. Our Cash Management products and services provide effective solutions for your company to improve the efficiency and security of your account information, collection, disbursement, and fraud management systems.
SouthTrust Bank, N.A. allows you to easily complete tasks such as loan payments, wire transfers and remote deposits. You can create NACHA-formatted batch files of ACH transactions, including international transfers, and submit them for processing online. With our advanced security, multiple users can be established with unique security permissions, enabling employees to log in and perform authorized functions, such as transferring funds between accounts.
ACH Origination services
With ACH Origination Services, customers can originate or receive payments for direct deposit of payroll processing, vendor payments, rent collection, etc. ACH Origination transactions are submitted through the Bank's Business Online Banking website.
remote deposit services
A small desktop scanner allows businesses to electronically deposit their checks directly from their office. Remote Deposit Services helps to expedite the deposit of your receivables, all while eliminating daily trips to the Bank and reducing additional courier expense.
Online wire transfers
SouthTrust Bank offers domestic and international wire transfers. Domestic wire transfers can be initiated through the Bank's Business Online Banking website.
Positive pay services
Maintain Control over your Check and ACH disbursements to help prevent fraud with your Business Accounts with SouthTrust Bank's Positive Pay Services.
- Check Positive Pay
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Upload your file of issued and outstanding checks into your Business Online Banking website
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The Bank's system will automatically scan the items clearing your account, against the list you provided of issued, outstanding checks. Discrepancies will create exceptions to be reviewed/worked by the customer.
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Exceptions notifications will be sent via email or text and will need to be worked by 10:00 am CST deadline
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- ACH Positive Pay
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Create a listing of entities authorized to DEBIT or CREDIT your account via ACH
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Discrepancies will create exceptions to be reviewed/worked by the customer
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Exception notifications will be sent via email or text and will need to be worked by 10:00 am CST deadline.
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If you experience fraud on your business account, sign up for Positive Pay and keep your account up and running, with little or to no interruption!!
credit and Account sweep services
- Credit sweep services automatically transfers funds between your checking account and a line of credit, optimizing cash flow by paying down the line of credit when funds are available and drawing from it when needed to cover transactions, reducing interest costs and overdrafts.
- Account sweep services can help your business optimize cash management and potentially earn higher interest on excess funds.
merchant card services
SouthTrust Bank offers merchant card services through a referral partnership with BancCard. BancCard handles all elements of credit card and debit card transaction processing by offering the latest in technology for your business needs. Let us connect you with a BancCard representative TODAY!
*Cash management services subject to additional terms, conditions and fees.
We do not charge for mobile banking, however, your cellular carrier message and data rates may apply.